Plan Snapshot
- Plan Sponsor: Design Systems, INC.
- Sponsor EIN: 382473709
- Sponsor Address: 38799 WEST 12 MILE ROAD, FARMINGTON HILLS, MI, 48331
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $34.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 135 | $34.8M | $343,325 | $1.6M |
| 2023 | 122 | $35.9M | $400,000 | $1.3M |
| 2022 | 118 | $31.4M | $372,875 | $1.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| LPL FINANCIAL | NONE | $40,324 | — | $40,324 |
| T ROWE PRICE RPS INC | NONE | $32,182 | — | $32,182 |
| MCCURDY & ASSOCIATES, INC. | NONE | $14,250 | — | $14,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCCURDY & ASSOCIATES, INC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,756
- Estimated Expense Ratio: 0.249% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $86,755 | — | — | $14,250 | — |
| 2023 | $71,066 | — | — | — | — |
| 2022 | $63,856 | — | — | — | $41,747 |